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India-BRICS Trade Increased More than 100% During Last Five Years to USD 417 Billion in 2025-26: ASSOCHAM

Summary by Times of India
India's trade with BRICS nations has significantly increased over recent years. Outbound shipments to BRICS partners are projected to reach USD 200 billion by 2030. This expansion offers Indian suppliers new export destinations beyond traditional markets. Enhanced cooperation within BRICS will reinforce production networks and value chains. India's economic growth positions it to broaden the bloc's global reach.

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New Delhi, Sep 11 (IANS) India's trade with BRICS countries has grown significantly in the last five years. According to the ASSOCHAM Global Research and Strategy Centre report, "The Rise of BRICS Nations: An Opportunity to Scale Indian Exports to $200 Billion to BRICS by 2030," India's total trade with BRICS countries is projected to grow from $203 billion in 2020-21 to $417 billion in 2025-26, indicating that the BRICS group is emerging as an …

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Social News XYZ broke the news on Friday, September 11, 2026.
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